Foreign VAT Refunds Guide from Latvia
The following information details the requirements needed to be eligible for a VAT refund in Latvia. These include claimable expense types, the Latvia VAT rates and deadlines, as well as claiming periods.
What Expenses are Claimable for VAT Refund in Latvia?
Hotel & Accommodation
0
%
Restaurants
0
%
Conf, Trade Shows & Expo
10
%
Public Transport
0
%
Fuel
0
%
Marketing Costs
10
%
Professional Fees
10
%
Car Rental
10
%
Training, Courses & Seminar
10
%
What are the Latvia VAT Rates?
Latvia divides VAT rates into the following three categories:
Across most goods and services.
Latvia has two Tier 1 reduced rates - one at 12% and another at 5%, applied to certain qualifying goods and services.
Latvia also possesses a zero VAT rate for specific categories of goods and services.
How to Get VAT Refunds from Latvia for Your Business?
VAT Refunds Guide for EU Companies
- Online Application: Submit an application electronically through the online portal of the tax authority of your home country.
- Deadline: Such applications need to be submitted within 9 months of the end of the calendar year in which the VAT was charged.
- Documentation: You might have to submit original invoices and import documents.
- Minimum Claim: The minimum VAT refund claim is €400 for a period of a minimum of 3 months and €50 for applications related to a whole calendar year.
VAT Refunds Guide for Non-EU Companies
- Eligibility: Non-EU businesses are eligible for VAT refunds if their country of origin offers reciprocal VAT refund rights to Latvian businesses. A non-EU VAT refund is only possible if the person did not use goods or services received in Latvia for the economic activities of a VAT-taxable person registered in Latvia.
- Form VAT-1: Fill in the form VAT-1 and submit it to the Latvian State Revenue Service.
- Documentation: Applications must be supported by original invoices and documents.
- Minimum Claims: The minimum VAT refund claim is €200 for a period of a minimum of 3 months and €50 for applications related to a whole calendar year.
- Deadline: VAT-1 Form should be submitted by the end of the sixth month after the end of the refund period.
Frequently Asked Questions About Latvia VAT Recovery
September 30 for all countries.
All EU countries and The United Kingdom.
January-December of the previous year.
It can take up to 6 months for EU businesses and up to 9 months for Non-EU businesses depending on the complexity of the claim.
Need Help with Your VAT Refund from Latvia?
We have helped companies reclaim €200+ M in VAT refunds over the last eight years. Our expertise and technology allow us to process your refund quickly and automatically.
